Bledsoe attended Parker High School in Birmingham, Alabama. As a senior in 2008–09, he averaged 20.3 points, 9.4 rebounds and 11.5 assists per game, and helped lead Parker to a 5A state championship runner-up finish.[1] Considered a five-star recruit by Rivals.com, Bledsoe was listed as the No. 3 point guard and the No. 23 player in the nation in 2009.[2]

Bledsoe played one season at Kentucky in 2009–10, and averaged 11.3 points, 3.1 rebounds and 2.9 assists in 37 games (35 starts) to help the Wildcats to a 35–3 record and Elite Eight appearance. He was named to the Sporting News SEC All-Freshman Team and was a CollegeInsider.com Freshman All-American. He scored in double digits 20 times, including four games with at least 20 points.[3] In four NCAA tournament games, he averaged 15.3 points and set a Kentucky school record of eight made three-pointers in an NCAA tournament game against East Tennessee State in scoring a career-high 29 points (9-11 FG, 8-9 3 FG).[4] Despite being a natural point guard, Bledsoe often filled the shooting guard role playing alongside fellow freshman John Wall.

On April 7, 2010, Bledsoe declared for the NBA draft, forgoing his final three seasons of collegiate eligibility.[5]

In September 2010, it was reported that Bledsoe may have been ineligible to play his one season for Kentucky when discrepancies were found in his high school transcripts.[6] The Alabama Public School System hired the independent law firm of White Arnold & Dow to investigate claims that one of Bledsoe's grades was improperly changed.[7][8] His algebra grade had been changed from a C to an A, thus raising his GPA high enough that he was eligible for the NCAA.[8]

Though the investigators concluded that the instructor's reasons for changing the grade were "not credible", and that a significant number of his high school grades were written over to reflect higher grades, the school board voted to allow the grade to stand, and the NCAA declared its investigation of Bledsoe's eligibility closed the following week.[9]

During pre-draft workout, Bledsoe was touted for his quickness, ball handling ability, and ability to hit the long ball. He was subsequently selected with the 18th overall pick in the 2010 NBA draft by the Oklahoma City Thunder, but was traded to the Los Angeles Clippers. In his first season, he averaged 6.7 points and 3.6 assists and started 25 games. As a result, he was named to the NBA All-Rookie Second Team. In his second season, due to the Clippers' acquisition of Chris Paul, he played only an average of 11 minutes per game, with only one start, and his stats dropped. In fact, during that season, he ended up being assigned to the Clippers' NBA Development League affiliate team, the Bakersfield Jam. However, during his third season, his statistics ended up rising in spite of still being behind Chris Paul for most of the games that he played. Bledsoe also participated in the 2013 All-Star Game's Slam Dunk Contest.

On July 10, 2013, Bledsoe was traded to the Phoenix Suns alongside teammate Caron Butler in a three-way trade with the L.A. Clippers and the Milwaukee Bucks that sent the Suns' Jared Dudley and the Bucks' J. J. Redick to the Clippers with two different second round picks going to the Bucks.[10] On his opening night debut with the Suns, Bledsoe helped the team by getting 22 points, 6 rebounds, and 7 assists in a 104-91 victory over the Portland Trail Blazers. In his second game with the Suns, Bledsoe hit his first ever game-winning shot in an 87-84 home victory over the Utah Jazz. Before the November 19, 2013, game against the Sacramento Kings, Bledsoe's shin collided with teammate P. J. Tucker during practice. He would miss six games before returning with 17 points, 6 rebounds, and 3 steals in a 112-101 victory against the Jazz on November 29, 2013. Bledsoe gained a career-high 28 points in a 116-107 victory against the Sacramento Kings on December 13, 2013. Bledsoe also got his first double-double with the Suns by scoring 16 points, grabbing 11 rebounds, and putting up 7 assists in a blowout 117-90 victory over the Los Angeles Lakers on December 23, 2013.

During the third quarter of the Suns' last game of 2013 against the Clippers, Bledsoe injured his left shin. What began as a shin injury eventually turned into a meniscus injury that would leave him sidelined for nearly two and a half months. His injury was a leading factor in the Suns signing former player Leandro Barbosa back onto the team for the rest of that season. Bledsoe returned to action on March 12, 2014 against the Cleveland Cavaliers.[11] He started for the Suns again and racked up 17 points and 10 rebounds two days later in an 87-80 victory against the Boston Celtics. He continued to start for the team throughout the rest of the season. On April 4, 2014, Bledsoe scored 30 points, setting a new NBA career high, in a 109-93 victory over the Portland Trail Blazers.

On June 27, 2014, the Suns extended a qualifying offer to Bledsoe, thus making him a restricted free agent.[12] After months of deliberation and rumors concerning his future, Bledsoe and the Suns reached an agreement on a new five-year, $70 million contract on September 24, 2014.[13][14] In the Suns' 2014–15 season opener against the Los Angeles Lakers on October 29, 2014, Bledsoe recorded 16 points, nine assists, and six rebounds before he drew his second technical foul and was ejected with 30 seconds left in the third quarter. Despite Bledsoe's ejection, the Suns went on to win 119-99.[15]

On December 8, 2014, Bledsoe recorded his first career triple-double with 27 points, 11 rebounds and 16 assists in the 120-121 overtime loss to his former team, the Los Angeles Clippers.[16] On December 23, Bledsoe recorded his second career triple-double and first one without resulting in an overtime, as he recorded 16 points, 10 rebounds and 11 assists in the 124-115 win over the Dallas Mavericks.[17] On January 21, 2015, Bledsoe recorded a career-high 33 points, along with 10 rebounds and 6 assists, in a 118-113 victory over the Portland Trail Blazers.[18] On February 26, 2015, Bledsoe recorded a near triple-double with 28 points on 11-of-16 shooting, 13 rebounds, and 9 assists, as well as 4 blocks and a steal in a 117-113 overtime win over the Oklahoma City Thunder. In doing so, he became just the ninth player in NBA history to record similar kinds of statistics during the regular season, as well as the first point guard to record 50% shooting for 28 or more points while recording 13 or more rebounds, 9 or more assists, 4 or more blocks, and at least one steal in a game.[19] On March 21, he scored a career-high 34 points in a 117–102 win over the Houston Rockets.[20]

On October 31, 2015, Bledsoe was only two points shy from tying his career-high in points scored, finishing with 33 points and 6 assists in a 101–90 win over the Portland Trail Blazers.[21] On November 12, Bledsoe was one assist shy of recording a triple-double, finishing with 26 points, 10 rebounds and 9 assists in a 118–104 win over the Los Angeles Clippers.[22] On December 13, in a win over the Minnesota Timberwolves, Bledsoe recorded 23 points with nine assists plus four steals and tied a career-high with four blocked shots.[23] It was the NBA's first "four-by-four" (at least four rebounds, four assists, four steals and four blocks) by a guard since Dwyane Wade did it on February 28, 2009.[24] On December 29, he underwent successful surgery to repair a torn meniscus in his left knee and was subsequently ruled out for the remainder of the 2015–16 season.[25] With Bledsoe out, the Suns managed just 11 more wins over the final three months of the season.

On September 15, 2016, Bledsoe was cleared for his first five-on-five scrimmage play.[26] He made his return to the court in the Suns' season opener on October 26 against the Sacramento Kings. In his first game since injuring his knee in December 2015, Bledsoe recorded 16 points, six rebounds, five assists and one steal in a 113–94 loss.[27] On November 2, he scored 20 points and hit the game-winning three-pointer in overtime to give the Suns their first win of the season with a 118–115 victory over the Portland Trail Blazers.[28] On November 27, he scored a career-high 35 points in a 120–114 loss to the Denver Nuggets.[29]